119 homes in near Martin Luther King Elementary
Homes for Sale near Martin Luther King Elementary
Compton, CA
About Homes near Martin Luther King Elementary
About Compton: Martin Luther King Elementary is located in Compton. Compton is a city located in the Gateway Cities region of southern Los Angeles County, California, United States, situated south of downtown Los Angeles. Compton is one of the oldest cities in the county, and in May 1888, was the eighth city in Los Angeles County to incorporate. In the 2020 census, the city had a population of 95,740.
These are homes for sale within about 2 miles of Martin Luther King Elementary in Compton (Topfind School Score: 6/10). The area around the school has 117 active listings.
Martin Luther King Elementary Area Market Pulse
Topfind Market Read
The picture is mixed here. Supply sits at 3.0 months, roughly in step with demand, yet 31% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$650K
↑ 3% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
3.0 months of supply
Balanced Supply117 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~48 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 59% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Martin Luther King Elementary Area
Homeownership is near the state average, with a balanced mix of owners and renters.
57%
Homeowners
43%
Renters
Homeownership is 1.5 points higher than the California average (55.5%)
24,227 households (2023)
Median Price by Bedroom
Home prices increase with bedroom count, though premiums vary by size.
Each additional bedroom adds about $92K in value on average.
Largest increase: 4 → 5 bedrooms (+$115K)
Price Reductions
36 listings have reduced their price
31% of active listings
Average reduction: 6.0% (~$39K)
Martin Luther King Elementary Area Market Overview
As an elementary school, Martin Luther King Elementary operates within the Compton Unified district. It earns a Topfind School Score of 6. The homes shown here are near Martin Luther King Elementary rather than confirmed within an attendance zone, so verify enrollment eligibility with the district. The Martin Luther King Elementary area currently shows a median list price of $650,000. That tracks closely with Compton as a whole. There are 117 homes currently listed for sale in the Martin Luther King Elementary area. Over the last six months, the median price has eased about 3.1%, from $668,000 in February to $647,500 in July.
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Nearby Schools
Frequently Asked Questions about Homes near Martin Luther King Elementary
How many homes are for sale in Martin Luther King Elementary Area, CA?
There are currently 117 homes for sale in Martin Luther King Elementary Area, ranging from $300,000 to $999,999. 13 of them hit the market within the last week.
What is the median home price in Martin Luther King Elementary Area?
The median list price in Martin Luther King Elementary Area is $650,000. Price per square foot averages $564. Prices are up 3.1% compared to a year ago.
How fast do homes sell in Martin Luther King Elementary Area?
Homes in Martin Luther King Elementary Area currently average 48 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.